1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nexus9112 [7]
3 years ago
6

If you have a low credit score, lenders are more likely to give you what type of interest rate? A. A low interest rate B. A high

interest rate C. A default interest rate D. A creditor interest rate Please select the best answer from the choices provided A B C D
Business
1 answer:
alisha [4.7K]3 years ago
8 0

Answer:

B) A high interest rate.

Explanation:

A low credit score means a bad credit score. Meaning you are not that reliable in paying your credit back. If you were reliable, they would make it easy for you and give you a low interest rate. However, your credit score says otherwise so they will give you a high interest rate since you are a higher risk.

You might be interested in
How much money should be deposited annually in a bank account for five years if you wish to withdraw ​$5 comma 500 each year for
Zarrin [17]

Answer:

The initial deposit should be $ 25.46

Explanation:

The Annuity formula is

P=R [1−(1+i)^-n/i]⋅(1+i)

Where

P= Initial deposit

R=Regular Withdraw amount

i=Interest rate

n=Number of years/periods

After entering corresponding values in the formula we get $25.46

so P (which is our initial deposit)=25.46

6 0
3 years ago
Aaron promises to sell his boat to Matt, and Matt promises to buy it from Aaron. What type of contract is this? Group of answer
Minchanka [31]

Answer: c. A bilateral contract

Explanation:

In a bilateral contract, the parties involved promise to both perform duties to the other which will make them both an obligor and an obligee.

An obligor is one who owes a duty to another and the obligee is one who a duty is owed to.

Aaron both owes a duty to sell the boat to Matt as well as being owed by Matt the duty to buy his boat. The same goes for Matt thus making this a bilateral contract.

5 0
3 years ago
1.<br>What is business? Explain its characteristics.​
jek_recluse [69]

Answer:

Business is an organization where goods and services are exchanged for one another or for money to make a profit, every business needs some form of investment and enough customers to sell product to.

the major characteristics are:

1. Exchange of goods and services

2. Deals in numerous transactions

3. Profit is the main objective

4. Business skills  for economic success

5. risks and uncertainties

6. marketing and Distribution of goods

7. Sale to satisfy human wants

Explanation:

8 0
3 years ago
In the United States many farms are integrated into a large food-production industry. This is known as:
Zielflug [23.3K]
Agribusiness, i believe is your answer

hope this helps :)
8 0
3 years ago
Read 2 more answers
If taxes are levied specifically for payment of interest and principal on long-term debt, those taxes are:
lys-0071 [83]

Answer:

Recognized as revenues in the debt service fund.

Explanation:

Debt Service fund is a term that is used to describes a form of cash reserve utilized in the payment of interest and principal on specific kinds of debt for a given period. For example, bond premiums are commonly imposed by state law to be moved to debt service funds.

Hence, If taxes are levied specifically for payment of interest and principal on long-term debt, those taxes are: Recognized as revenues in the debt service fund.

8 0
3 years ago
Other questions:
  • The risk-free rate of return is 3% and the expected return on the market portfolio is 14%. Oklahoma Oilco has a beta of 2.0 and
    6·1 answer
  • Ms. Crocker bought 1,000 shares of EMO Corporation stock for $10,000 on January 20, 2017. On December 28, 2018 she sold all 1,00
    10·1 answer
  • At the recent school board​ meeting, five individuals spoke on both the merits and problems with​ full-day kindergarten as compa
    12·1 answer
  • LA Diversified Inc. recently paid its annual dividend of $3. Dividends have consistently grown at a rate of 3.8%. The stock has
    5·1 answer
  • AFW Industries has 214 million shares outstanding and expects earnings at the end of this year of $ 723 million. AFW plans to pa
    7·1 answer
  • What is another name for intermediaries? Name two types of intermediaries. Name five non-store retailing methods.
    7·1 answer
  • . Who can ride as a passenger if a personal vehicle driven to conduct Southwest Key business?
    10·1 answer
  • Mississippi River Shipyards is considering the replacement of an 8-year-old riveting machine with a new one that will increase e
    13·1 answer
  • Tax Savings. John and Cheryl just borrowed $30,000 on a home equity line of credit. The interest rate for the loan is 6.75% for
    6·1 answer
  • On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $85,360 in assets in exchange for i
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!